Thursday, July 29, 2010

Film Scanner Incraigslist

Markets in the U.S. are behind another downward day

U.S. markets are behind another downward day. Broad S & P 500 gave 0.4 percent when the DJIA lost 0.3 percent and the Nasdaq Composite 0.5 percent. From the perspective of the end of the session can be seen that in the first phase of the market focused on weaker results in this class of companies as Kraft, and Colgate. But the fact that the fuel Discount giant Exxon Mobil, which announced excellent quarterly report indicates the domination of the well-known from previous sessions mood correction. Another indication of the extension of signalman adjustment was poor market reaction to better-than-expected data about the number of new unemployed.

From the perspective of technical analysis of yesterday's session the most important fact is not a drop in the S & P500, but the fact that the end of the day at 1,102 points, which means defense assistance in the region of 1100 points. Maintains a local superiority of bulls, which came after overcoming the resistance in the region of 1100 points. In practice this means that during today's session in the bull camp will be played not only support in the region of 1100 points, but also the rising trend line, which dominates the market since the beginning of the month.

In yesterday's trading, you can also look through the lens of the expectations of the most important event macro ending just a week, which will be a preliminary estimate for U.S. GDP growth in the second quarter of 2010. The data will be read primarily in the context of the recent fighting between supporters of the second wave of recession and supporters barely slower exit of the recession. It is expected that today's reading shows GDP growth of 2.5 percent. In the previous quarter, GDP growth was 2.7 percent, so the data on the projected level of market expectations as to confirm that the dynamics of emerges from recession drops, but a second wave of recession can not speak.
On the threshold of the session in Warsaw, we can say that few reports will be able to match the estimate of GDP in the U.S., but Friday's calendar is full of macro publication. Even at night there are data in Japan, where in June, industrial production declined by 1.5 per cent - expected to increase by 0.2 percent - while unemployment has increased. In Germany, there are dynamics data on retail sales and euro-area unemployment inflow reading. The finale will be on the U.S. Chicago PMI index readings and Michigan Sentiment.

morning on the European markets are not going to be particularly exciting. Wall Street ended higher than it was a day when stock markets closed in Europe, so attention will focus more on what has happened in Asia. There, around 6:00 Tokyo's Nikkei lost 1.8 percent. In the red are also futures on the S & P500 and the euro weakens against the dollar. In this context, usually indexes in London, Paris and Frankfurt, starting the day with a repricing and WIG20 should not be an exception. Despite this, all indications are that the session will be within the consolidation zone plotted in resistances 2500 pts in the region and its outcome will decide only the data at 14:30.

Sunday, July 25, 2010

子レイプ

indexes moved up

American Indexes again boldly raced up, what prompted them to breach the line of short-term downtrend. After several unsuccessful attempts, finally succeeded in it on Thursday and Friday brought a confirmation of the movement. Conducive also published on Friday at 18.00 the results of stress testing europeskich banks. They did not give niespodzinaki, since the "black list" includes the institutions, about which there were suspect, and may be a relatively difficult situation. Pronunciation testing turned out to be a total positive, especially for our PKO BP, which should positively affect the evaluation of our entire banking sector by foreign investors, and indirectly - on the perception of the ECONOMY and the zloty.

At the end of the day, the Dow Jones Industrial Average gained 0.99 percent., SP 500 went up by 0.82 percent., And the Nasdaq gained 1.05 percent. Investors also cheered certainly elevated forecast quarterly dividend which will be cashed out by General Electric. On the minus excelled Amazon.com shares because the company has, as one of the few recently, showed odbieragacy quarterly results from investors' expectations. Dizs morning you can see, also reacted positively, and stock exchanges in Asia. The rise in Tokyo, however, is less than one percent - less than at the opening quotation, and China - the indexes are the pros row of 0-0.5 percent. Above the 1.29 level against the euro back dollar, so I also feel rather see poztywna reactions to the results of stress testing and the lack of continuity correction of a common currency, the middle of last week. Opening of the European indexes should have a place in the black today.

1,100 points broke barriers SP500 index, and this morning the contracts on this index is still above that level, which should be evaluated positively. Prices of raw materials - oil and copper are today Finishes at the Friday session, stronger than the same period, two days ago, is our gold. Monday will be poor in a macro, so this page will not be either positive impulses, nor threats, until the close of trading. Only at 16.00 in the U.S. will get information on new homes psrzedazy in June (the forecast - 310 thousand., the level of May - 300 thousand).. In the optimistic scenario, in the absence of bad impulses Possible today will be on the WSE, the test level of 2500 points. In a less positive evaluation - we can continue to move in small steps, but still ahead. It is hard to find, in a short period, in favor czynnki declines.

Thursday, July 22, 2010

Import Macgregor Yachts

KOPEX significant agreement

KOPEX Management SA in Katowice (the Issuer) informs that it has today received the KOPEX signed the contract with PHU Energokrak Sp. ooz with headquarters in Cracow.

Parties of the Agreement of 14 July 2010 are: KOPEX and Company Energokrak PHU Sp. Ltd. for the sale of coal.
contract value: 40,221,000 zł net.
Period: from 01.08.2010 until 28.01.2011
the other detailed terms of the contract does not differ from those commonly used in such agreements. The criterion for considering the agreement as a significant threshold is exceeded 10% of the Issuer's equity (capital of the Issuer are according to the published interim report for the first quarter of 2010 -1,341,850 thousand. Zł), to meet her, including the criteria referred to in paragraph 2 .1 paragraph 44) and a 2 paragraph 2 RMF of 19 February 2009 on current and periodic information. (.) During the last 12 months, the Issuer has signed a contract with the contractor with a total value of PLN 170,591,700 (including the current). The highest-value of the agreements with the contractor over the last 12 months is the agreement of the parties to the agreement 17.05.2010 of the highest value and are KOPEX PHU Energokrak Sp. Ltd.

The agreement of the highest value is the sale of coal.
contract value: 44,145,500 zł net.
Implementation Period: from 01.06.2010 on to 29.11.2010, the
other detailed terms of the agreement with the largest values \u200b\u200bdo not differ from the common
applicable to such agreements. Legal ground: a 5-paragraph. 1 point 3 in conjunction with a 2 paragraph 2 and O 9 of the Ministry of Finance dated 19 February 2009 on current and periodic information disclosed by issuers of securities and the consideration of information required by the laws of a non-member state (Journal Laws of 2009., No. 33, item. 259, as amended).

Sunday, July 11, 2010

President George Washington Accomplishments

Another appreciation indexes in the U.S.

Another booster is accompanied by indexes in the U.S. expectations to start the season, U.S. companies quarterly results. Dow Jones Industrial Average gained 0.58 percent on Friday., SP 500 gained 0.72 percent. And the Nasdaq - 0.97 percent. The scale of the whole week in New York indexes got tones at 5 percent, as bad macro data in ostanim period, is the impressive result. Already today, given the results of Alcoa. This week will present themselves min. Intel, Citigroup and Google. Google qualities gained on Friday after the company buckled under Chinese pressure, which will be to agree with censorship in access to Internet content in China. Market value turned out to be too valuable for a company to be able to afford to exit from China.

Week starts on Asian markets, As in previous days, again it is patchy. Despite the rise in the greater part of the session, the Nikkei finally ends on the line, dropping terms Friday with about half a percent. In China, in turn, have a slight rise in a row half a percent - both in Hong Kong, as well as Sznghaju. One big lose a digit of the euro against the dollar - euro-dollar declines from 1.27, at the end of the previous week, to 1.26, this morning. They also shrank the value of oil and copper, but above the price of 1200 dollars per ounce gold price is trying to get back. Gold on Friday afternoon also a bit lost in value.

Besides the results of Alcoa, we face today, the balance of current account and capital of the French economy for May (8.45). Similar data will flow from the UK, but will cover the first quarter (10.30). You will notice also well-read British GDP for the first quarter, and it should, in accordance with oczkiwaniami, increase by 0.3% qoq and a note a decrease of 0.2% year on year. Other economic data - no. Closing in the U.S. and events in Asia, Europe parquet floors should enable the start of the session neutral levels, though it is possible also a small increase quotation - already at the opening session. On the Stock Exchange today, it is possible to maintain the channel side of the previous week.

Thursday, July 8, 2010

Heat Intolerance Cure

Thursday's session on Wall Street

Thursday's session on Wall Street began the index increases, but even in the first halves markets retreated to levels known from Wednesday's closing, where there are consolidations. After the dynamic sessions the previous day of consolidation seemed fully justified, but the tip yielded an increased activity of buyers and appropriately in an hour earlier losses were odrobione. Balance sheet date are increases in average from 0.7 to 1.2 percent.

The sites do not lack information, that the upsurge stand a better than expected macro data, but enough look at the chart the S & P500, that it has become clear that Wall Street appeared a two-week correction repricing, which on Wednesday brought the local line piercing the downward trend of consolidation and dislocation on the level of 1040 points. Thursday was a simple consequence of the previous day's success odniesionego bulls. Technically looking puncture point in 1040 opened the way to fight the resistance located in the vicinity of 1100 points, which in itself promotes the continuation of Thursday's rebound.

Gainers moved to Asia, where about 6:30 Polish time Tokyo's Nikkei gained 0.5 percent. However, the balance of power on the foreign exchange market no longer favors bulls. A surprising rise in interest rates in South Korea cosmetically, but they raised the risk aversion and the morning brings the weakening euro against the dollar. Pair subdued zloty, but no new element can not see helping the bulls.

In the context of the euro and weaker growth in Europe in the session of yesterday morning, ought not to bring European players more excitement. WSE will be no exception. In subsequent hours, the focus should be expected on Wall Street, which is faced with the task of maintaining a good atmosphere after two days of dynamic growth. Looking at the calendar macro is hard to find the really important data, but in the context of yesterday's positive surprise report from Germany - industrial production rose by 2.6 percent from 0.9 percent forecast - today's data from France showing the dynamics of production may raise a bit of emotion. The report appears in the opening exchanges, so its influence must be limited.

In the U.S. there is today reporting that price shock, so przedsesyjne mood will focus rather on the overall climate in the market declines than a correction on the elements of the macro. The obligation should be noted, however, that at 16:00 will be made public data on stocks of wholesalers, which does not say much about the condition of U.S. economy and the same time pre-empt the publication of the fact that the reaction of the WSE - if you already will be - will hardly ba result of fixing. In conclusion, on the threshold of the session, it seems that the best scenario for the WIG20 index will be another quiet day in which the low activity of assessments will determine the total quotation.

Wednesday, July 7, 2010

Are Barbecue Chips Vegetarian

Strong boosters on Wall Street

strong appreciation on Wall Street was, in contrast to Tuesday, maintained to the end of trading session. As a result, attempt is made to return to the broken, support levels at the turn of the week. All this is despite the continued poor economic data from overseas. This time pulses Markets flowing mainly from Europe, though of course, must be supported by the behavior of investors in the U.S.. Deadly impulse, they are for me the expression, and the euro area is in a better financial position than it previously seemed. Wz Euroland GDP reading is not too unpleasant surprises caused downwards, przecieiwenstwie to the readings from the U.S.. Therefore, continue to behave positively euro. Eurodollar Rate has now reached the interval 1.26-1.27.
In the U.S., well made in August State Street, who gave good results and jerked up the financial sector. During Wednesday's session of the indexes in the U.S. got tones on the average of 3 percent. Dow Jones Industrial gained 2.81 percent., SP 500 was up 3.13 percent., And the Nasdaq - 3.13 percent. Very clearly, because after more than 2 percent got tones - copper and oil prices. Gold, in turn, has increasingly larger problems with maintaining the level of 1,200 dollars per ounce. Also strengthened our gold, which clearly favored the Polish market shares. So far, all of these movements can be treated as an attempt to return to the support levels, and there were no new wave of growth, because it will require confirmation of better than strong, but for now jednosesyjny, jump in prices on Wall Street.

In Europe, Monday should start positively. In the wake of Wall Street, in the end we have an increase in Japan. Nikkei gained 2.5 percent this morning. Unlike the other, again behave Chinese indices, because in Hong Kong, we have 1.5 procentwe increases, but in Shanghai this morning dominated by small drops. After the expected, a higher opening markets in Europe, will turn to the macro. Today we are on the calendar - from Germany - the trade balance and the dynamics of industrial production in May, and the U.S. - the weekly number of applications for unemployment benefit. Central banks - Bank of England and the ECB will determine the level of interest rates (they are not expected no change.) Late afternoon, you will get also (already after the closure of GPW), information about changes in U.S. oil stocks.

Monday, July 5, 2010

Front Teeth Bonding Feels Weird

Day on Wall Street

Monday's celebration on Wall Street yesterday had already chill Stock Exchange, where trading in the WIG20 index was less than 350 million. It was no different today in Asia, where the market and in the shallow Note the absence of new stimuli players focused on the currency market. In the first half of the session, a stronger yen put a shadow on Japanese exporters, but around 6:00 Polish time have been better and the wave of consolidation pair EUR / USD and USD / JPY - indicating increased tolerance for risk - helped lift the Nikkei index of 0.4 percent.

But the strengthening euro-dollar cosmetic and slight increase in contracts for the S & P500 does not promise any fireworks optimism on the openings in Europe. Therefore to be expected rather flat start in the next summer session. Glance Macro on the calendar indicates that emotions can bring only data from the U.S., where he will be reading the ISM index for the services sector, but the same index, and the time of its publication (16:00) should not dramatically affect the outcome of the session in Warsaw. Indeed, the week is pretty poor in the macro, so the tension of waiting for the publication is less.

Everything therefore seems to indicate that begins Tuesday in Warsaw, quietly and by the end of the market will be sentenced on the mood in the environment. Actually the only thing which should be recorded before the session in Warsaw is the night weakening of the zloty, which has received most of yesterday's gains against the dollar, but with the well-being of the euro against the dollar also seeks to strengthen the Polish currency. Generally, couples zloty should not have to translate the morning on the WSE.

Looking to the future it should be noted that last week's declines on Wall Street threw indexes S & P500 and Nasdaq Composite below important support levels (1040 points for the S & P500), but also approached both mean the psychological barriers (1000 points for the S & , P500 and 2000 points for the Nasdaq Composite). Today, therefore, need to change about 20-point movement of the index S & P500, that one of the barriers have been broken. Having to wait for quarterly results and reassure the market after two weeks of hard to expect markdowns on Wall Street today that there will be technical breakthrough.

Men Pissing Themselves Blogs

Indecision

FW20U10 contracts were open today at 2307 points., The course has gained 6 points. Before the hour. 9-the market has reached a maximum of 2312 points. From there, it was a fairly rapid decline toward the hole session 2284 pts. After reflection of surrounding 2300 pts. (Local maximum of 2302 points.) Market subject to fluctuations, the lack of indecision favored the U.S. session. Closing quotes is 2297 points., changing the terms of Friday's closing -0.2%. The base is equal to six points., The number of open positions 98.3 thousand. pc

At the September contracts daily chart formed a small black candle with two shadows: fw20day situation without any major decisions. The nearest resistance is an important zone of 2300-2310 points., Such support is about 2275 points. In the short term course extends the consolidation of the average (currently around 2305 pts.)

Bizzar Genetal Tattooes

ATREM SA conclusion of an annex

ATREM SA conclusion of an annex to the agreement a significant subsidiary

Atrem Management SA announces that on 5 July 2010 it was notified that its subsidiary Contrast Sp. Ltd. (Contractor) on 30 June 2010, entered into a circular mode, with its MEGA sp zoo in liquidation bankruptcy (Purchaser) an amendment to the Agreement of 19 December 2008 as part of the task entitled. "Construction of Wind Farm in Wola Rafalowski."

According to the annex parties agreed to delay the task at September 30, 2010.

Other provisions of the Agreement remain unchanged.

Atrem SA informed of the conclusion of the contract and the contract of significant changes in current reports No. 14/2008, 70/2009, 11/2010 and 30/2010

legal basis of this report is 5 paragraphs. 1 point 3 of the Decree of the Minister of Finance dated 19 February 2009 on current and periodic information disclosed by issuers of securities and the consideration of information required by the laws of a non-member state (Journal of Laws of 2009 No. 33. 259 .)